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Transat A.T. Inc.

09:55 AM EST - Transat A.T. Inc. : reported first-quarter net loss of $13.87 million or $0.37 per share, compared to net loss of $29.44 million or $0.90 per share last year. Before non-cash and non-operating items, Transat's adjusted after-tax loss stood at $18.2 million or $0.48 per share, compared to adjusted after-tax loss of $11.8 million or $0.36 per share for the first quarter of 2009. Revenues declined to $792.56 million from $877.25 million in the same quarter a year earlier. Transat A.T. Inc. shares T.TRZ.A are trading down $4.17 at $15.35.